Home›Forex›Major Pairs›Dollar eases as traders look to September jobs data

Dollar eases as traders look to September jobs data

The USD Index hit its highest level since April 2025 at 102.20 on Thursday before slipping below 102.0 on Friday.

Reported · Written up by our desk · Major Pairs

The US dollar moved lower against major rivals early Friday as investors positioned for the September employment report, which includes Nonfarm Payrolls, wage inflation and the unemployment rate, according to FXStreet.

Ahead of the release, the European calendar includes HICP consumer price data for September, with the report also cited as a key driver for market focus during the session.

FXStreet noted that surging US Treasury bond yields supported the dollar on Thursday, pushing the USD Index to 102.20, its highest level since April 2025, while the index was below 102.0 in European trading on Friday.

FXStreet said expectations for Nonfarm Payrolls call for an increase of 90K in September, after August’s reported gain of 162.

More like this

Sources